Honeywell Flour Mills (NSA:HFM) Liabilities-to-Assets : 0.75 (As of Mar. 2026)

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NSA:HFM Honeywell Flour Mills PLC NSA:HFM
74 GF Score
Price ₦17.00
GF Value ₦10.44
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Honeywell Flour Mills Liabilities-to-Assets?

Honeywell Flour Mills NSA:HFM 74 Liabilities-to-Assets is 0.75 as of Mar. 2026. GuruFocus rates NSA:HFM with a GF Score™ of 74/100 and a GF Value™ of ₦10.44 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Honeywell Flour Mills's Total Liabilities for the quarter that ended in Mar. 2026 was ₦162,777 Mil. Honeywell Flour Mills's Total Assets for the quarter that ended in Mar. 2026 was ₦216,709 Mil. Therefore, Honeywell Flour Mills's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.75.


Honeywell Flour Mills  (NSA:HFM) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Honeywell Flour Mills Liabilities-to-Assets Related Terms


Honeywell Flour Mills Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Honeywell Flour Mills Liabilities-to-Assets Chart

Honeywell Flour Mills Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.80 0.85 0.78 0.75

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.80 0.85 0.78 0.75

NSA:HFM vs KHC, GIS, MKC: Liabilities-to-Assets Comparison

For the Packaged Foods subindustry, Honeywell Flour Mills's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Honeywell Flour Mills Liabilities-to-Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Honeywell Flour Mills's Liabilities-to-Assets falls into.


NSA:HFM
74GF Score
Honeywell Flour Mills PLC NSA:HFM
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honeywell Flour Mills Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Honeywell Flour Mills's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Liabilities-to-Assets (A: Mar. 2026 )=Total Liabilities/Total Assets
=162777.137/216709.176
=0.75

Honeywell Flour Mills's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=162777.137/216709.176
=0.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.75 mean?
Honeywell Flour Mills (NSA:HFM) has a Liabilities-to-Assets of 0.75 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Honeywell Flour Mills and its competitors.
Is Honeywell Flour Mills' Liabilities-to-Assets too high?
Honeywell Flour Mills' current Liabilities-to-Assets is 0.75. Overall, Honeywell Flour Mills has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Liabilities-to-Assets compare to KHC and GIS?
Honeywell Flour Mills' Liabilities-to-Assets of 0.75 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Consumer Packaged Goods company?
A good Liabilities-to-Assets depends on the Consumer Packaged Goods industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Honeywell Flour Mills and its competitors. Honeywell Flour Mills's current Liabilities-to-Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.44, compared to a current price of ₦17.00 — trading 62.8% above its estimated fair value. The current Liabilities-to-Assets is 0.75. Honeywell Flour Mills' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Honeywell Flour Mills (NSA:HFM), the current Liabilities-to-Assets is 0.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued. The current stock price of ₦17.00 is trading 62.8% above its estimated GF Value™ of ₦10.44. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • Liabilities-to-Assets: 0.75
  • GF Value™: ₦10.44 vs. price of ₦17.00 (62.8% above fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the NSA:HFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honeywell Flour Mills Business Description

Address Wharf road, No. 1 Golden penny place, Apapa, Lagos, NGA
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
74GF Score

Get the complete analysis for NSA:HFM

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦17.00
Price
₦10.44
GF Value